Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?
Bitcoin's price has been historically weak this month, mirroring Wall Street's "September Effect." But brighter days are on the horizon.
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
September 7, 2024, 12:06 pmIt was a somber seven days as the crypto market continued to tumble.
September 7, 2024, 11:01 am
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?
Jan3 CEO Samson Mow reiterated that a fear-driven market “never lasts long” because fundamentals usually “win out over time.”
A weak US labor market, fear of a tech bubble, and regulatory actions are factors behind Bitcoin’s recent sell-off.
Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term.
Bitcoin, Ethereum, and nearly every other major coin and token has taken a battering over the past 24 hours as investors fast sell risk assets.
Market sentiment, as measured by crypto options metrics, are decisively bearish in the near term, says Bybit and Block Scholes.
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.
While spot Ethereum ETFs have so far seen significant outflows, JP Morgan analysts highlight why a Bitcoin comparison is "apples to oranges."
Bitcoin's price dipped hard Friday after Labor Department data showed that hiring in the U.S. was weaker than expected.
Whether you're a seasoned investor or just starting your cryptocurrency journey, BTCJ.org offers the latest news, insightful analysis, and expert guides to help you navigate the dynamic world of Bitcoin.